Retail Building with
1274 la 139, Monroe, LA 71203
For Sale
$430,000
Commercial Sale, Monroe, LA
Property Size1,840 SF
Lot Size1.00 Acre
Price / SF$233.70
Days on Market8
Property Features for 1274 la 139
General Information
Property type
Property subtype
Zoning description
Bathrooms
Full bathrooms
Rooms
Directions
Standard status
APN
Size
Lot size
Utilities
Sewer type
Heating system
Water source
Building Details
Year built
Floors in Building
Roof type
Buildings
Listing Agency:
John Rea Realty
Listed By:
Mark Phelps · License LA #0995682435
(318) 388-0941
Added: Nov 6
Changed: Nov 12
Last Checked: Nov 13 at 8:06PM
MLS# 12065664
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Completed in 2026, the metal building contains 1,840 square feet, including 1,005 square feet of retail area, a 195-square-foot office, and one bathroom. Two 16-foot roll-up doors—one at the front and one at the rear—provide drive-through access. The property has a metal roof, public water, and a septic system.
The approximately one-acre site fronts Highway 139 in Monroe, Louisiana, with approximately 236 feet of road frontage.
The approximately one-acre site fronts Highway 139 in Monroe, Louisiana, with approximately 236 feet of road frontage.
Key Highlights
- 1,840‑square‑foot building completed in 2026
- Approximately 1 acre with approximately 236 feet of frontage along Highway 139
- 1,005 square feet of retail area and a 195‑square‑foot office
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,499
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,980
$470.0K
Cap Rate 7%
$335,700
$335.7K
Cap Rate 9%
$261,100
$261.1K
Market Conditions
NOI Build-Up for 1,840 SF
Gross rent
$33.1K $18.00/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$31.3K $17.03/SF
− OpEx
−$7.8K −$4.26/SF
NOI
$23.5K $12.77/SF
Area
Ouachita County, LA
Vacancy
5.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,980
Cap Rate 7%
$335,700
Cap Rate 9%
$261,100
Alternative Uses
Best Use
Retail
$721.3K
$631.1K – $841.5K
NOI $50,491 @ 7.0% cap · market cap 11.74%
Second Best
Specialty Retail
$335.7K
$293.7K – $391.7K
NOI $23,499 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$1.09M
$951.5K – $1.27M
NOI $76,122 @ 7.0% cap · market cap 17.70%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
38
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,257 visits/mo
0.3 miles
Demographics for 71203, LA
37,438
Population
17,178
Households
2.2
Avg Household Size
35
Median Age
32%
College-Educated
90%
High-School Grad
118.5 sq mi
ZIP Area
316
Density / Sq Mi
$46,822
Median Household Income
$35,630
Median Earnings
$987
Median Rent
$181,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Monroe, LA
Properties on Market for Retail space in Monroe
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - New construction offers combined retail and office space, with roll-up doors at the front and rear.
Where is this retail space located?
The property is located at 1274 la 139 Monroe, LA.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: 1,840‑square‑foot building completed in 2026; Approximately 1 acre with approximately 236 feet of frontage along Highway 139; 1,005 square feet of retail area and a 195‑square‑foot office
